Industrial news – Page 17
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NewsYorkshire micro brewer gulps down two taprooms and a brewery
Yorkshire-based micro brewer SALT has acquired two taprooms and a brewery in London.
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Barings offloads warehouses and nabs Richmond offices
Barings has completed on three UK transactions worth a total of £27.9m on behalf of a client.
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UKCM nabs Gatwick warehouse for £25m
UK Commercial Property REIT (UKCM) has forward-funded £25m for three new warehouse units, known as Sussex Junction, which are currently under construction near Gatwick Airport.
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Logicor lets final unit at Widnes 108
Logicor has secured a new 10-year lease with a leading international packaging company at Widnes 108, taking the space to 100% occupancy.
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Plans unveiled for four speculative industrial units at Durham’s Integra 61
Citrus Durham has unveiled plans to speculatively develop a four-unit industrial scheme totalling 337,225 sq ft at its £300m mixed-use Integra 61 development near Durham.
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St. Modwen strikes £180m warehouse portfolio deal
St. Modwen has paid Argo Real Estate £180m for a portfolio of urban warehouses in London and Manchester.
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DHL takes first pre-let at Panattoni’s Aylesford site
European industrial giant Panattoni has signed its first pre-lease agreement at its 1.9m sq ft Panattoni Park Aylesford development in Kent, with logistics group DHL.
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AEW raises €150m for new Spanish last-mile logistics partnership
AEW has launched a new value-add Spanish logistics partnership, RELOG, with €150m of equity commitments from the Teacher Retirement System of Texas and Migdal Insurance.
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Chancerygate and Bridges JV gains planning for Edinburgh logistics scheme
A joint venture between Chancerygate and Bridges Fund Management have secured planning to build 132,000 sq ft urban logistics and trade counter park in Edinburgh.
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Gigafactory demand could push up shed rents in South Wales and NE
Industrial rents in South Wales and the North East could surge over the next decade due to the demand for space created by gigafactories, industry experts have predicted.
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Getir takes space at Slough Trading Estate
Grocery delivery firm Getir has signed a five-year lease for a unit at SEGRO’s Slough Trading Estate.
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Shurgard has £89m bid for rival 24Storage accepted
European storage group Shurgard has had its Swedish Krona1,075m (£89m) bid for 24Storage recommended by the group’s board.
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Schroder REIT boosts industrial assets with north west portfolio deal
Schroder Real Estate Investment Trust (SREIT) has paid £19.85m for a portfolio of four industrial assets in the North West of England.
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Artisan bakery signs for 25,000 sq ft unit in Cheltenham
Artisan bakery Four Anjels has taken a 24,827 sq ft unit at Northwood Urban Logistics’ Furlong Park in Bishops Cleeve, Cheltenham.
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Logistics provider signs for space at Didcot Quarter
Simon Hegele Logistics and Service has acquired 121,464 sq ft of new-build warehouse and logistics space at Didcot Quarter in Oxfordshire on a 10-year lease.
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Jaynic secures planning for new Hermes warehouse
Jaynic has secured planning consent for a new warehouse to be occupied by parcel carrier Hermes Parcelnet at Suffolk Park, Bury St Edmunds, together with a speculative 160,000 sq ft version to cater for strong occupier demand in the region.
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Time to ramp up spec space development
An increase in spec schemes could help meet rising demand for shed space from occupiers and investors.
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LondonMetric proposes £175m share placing to complete deals
LondonMetric has proposed a £175m share placing in order to raise funds for acquisitions that are already either committed or under offer.
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RD Studios takes space at SEGRO’s ‘first UK net zero carbon refurb’
Creative production group RD Studios has signed a 10-year lease for a 45,000 sq ft unit at SEGRO’s first UK net zero-carbon warehouse refurbishment at Premier Park, Park Royal in London.
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GLP pays twice the asking price for Park Royal site
Fierce bidding pushes price of London industrial site guided at £23m to £48m.
